Question: 12 Conundrum Mining is expected to generate the below free cash flows over the next four years, after which they are expected to grow at

 12 Conundrum Mining is expected to generate the below free cash

12 Conundrum Mining is expected to generate the below free cash flows over the next four years, after which they are expected to grow at a rate of 4% per year. If the weighted average cost of capital is 11% and Comandrum has cash of $85 million, debt of 565 million, and 20 million shares outstanding. what is Comundrun's expected current chare price? $18 million $22 million $26 million Year Free Cash Flow $12 million A) $14.60 B) $16.80 C) $20.32 D) $20.81

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